Shoaib Ghulam, Internal Auditor

Shoaib Ghulam

Internal Auditor

Location
Pakistan - Rawalpindi
Education
Diploma, Capital Markets
Experience
13 years, 8 Months

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Work Experience

Total years of experience :13 years, 8 Months

Internal Auditor
  • My current job since July 2013

Head Office Foundation University Secretariat Islamabad, where the key tasks have been performed;
•Financial Planning (How to raise Finance, Where to invest Finance and Risk Management), Budgetary Control, Budget Freeze and Re-appropriation of Budget.
•Prepare Budget and get it approved through Finance & Planning committee, Executive committee and Board of Governance respectively.
•Prepare Financial Report i.e. Balance Sheet, Income Statement, Cash Statement and Monthly Audit Report.
•Conduct Daily Based Internal Audit regarding Revenue & Capital Expenditures, which includes 48 Head of Accounts as per approved in Executive Committee Meeting (ECM) for every Financial Year.
•Mitigate risk through different Risk Management strategies.
•Conduct Audit for Insured Items.
•Conduct Monthly Based Audit which includes payments made under different head of account and Bank Reconciliation Statements accordingly.
•Conduct Quarterly Audit which includes Ratification of the Campuses only (Foundation University Rawalpindi Campus FURC & Foundation University Islamabad Campus FUIC).
•Conduct Audit with regards to post-employment benefits as per IAS-19 i.e. Provident Fund Account, Employees Old Age Benefits, Earned Leaves encashment and recovery of loans accordingly.
•Policy formulation and ensure its proper implementation.
•Conduct performance Audit regarding appointment of faculty members and their eligibility criteria according to HEC and their compliance.
•Conduct Audit of Funds allocated to Scholarships from different donations which is awarded to students who have secured top position in the current semester and in case of Financial Assistance to needy students under Financial Assistance Program (FAP).
•Investigates the reimbursement cases pertaining to Medical, Publication fee and Reward for Publication in impact Factor and HEC recognized Journal.
•Conduct Audit for different development projects & contracts between Employer and vendors, these contracts includes;-
•Corporate Reporting and further processing for approval.
•Construction of FUI Secretariat by M/s Perk Engineers.
•Construction of Academic Block for Foundation University institute of Rehabilitation Sciences (FUIRS) by M/s Sharif International.
•Civil & Electric work for Establishment of IT Lab of Foundation University Rawalpindi campus (FURC) by M/s Farhan Traders.
•Renovation & Construction for Up-Gradation of Existing cafeteria at FURC by M/s Suleman.
•Electrification &Installation of ACs work at Foundation University Rawalpindi Campus (FURC) by M/s Mosum Engineers.
•External Electrification of New Library at FURC by M/s Gulzar & Co.
•Construction of Student Hub at FURC by M/s Sameer Mukhtar Contracton Co.
•Establishment of Electrical Engineering
•Establishment of Media House/ FM Radio
• Establishment of Exam Hall
•Establishment of Psychology Clinic and renovation of old building
Apart from Audit I also have an Extensive exposure regarding Accounts and Finance details as mentioned belo-

Accounts Officer at ORO MART Cash
  • Pakistan - Rawalpindi
  • January 2012 to June 2013

•Bookkeeping,
•Preparation and Budget allocation,
•Bank Reconciliation Statement,
•Prepare & Process Monthly Payroll,
•Deposit Tex with Federal Board of Revenue,
•Process Payments to vendors,
•Quick book Software.
•Book keeping of daily sales.
•Funds transferred to Banks for payment purposes which have a proper record.
•Record income from different sources in accounting software (Quick Book).
•Record drawings in the books of accounts.
•To check the Ledgers and Trial Balances.
•Coordinating with Internal & External Auditors.
•Scrutinize cases with regards to payments of the suppliers.
•Prepare, Check, and verify Bank reconciliation Statements.
•Process Vendors Bill and make sure timely Payments.
•Stock Taking and maintenance of Fixed Asset Register.

Accountant at Pakistan Tobacco Company (PTC) Ltd
  • September 2009 to December 2010

where I perform the key tasks;
•Book keeping of daily expenses and income in FOX PRO (an Accounting Software)
•Prepare vouchers of every transaction and make sure proper filing.
•Deals with vendors and customers regarding payment for this purpose use different tools like cheque, debit letter and petty cash etc.
•Prepare, check and scrutinized Bank Reconciliation Statements of Receivables & Payables.
•Took input from each department when budgeting function performed and allocate budget to different Heads of accounts like Salaries, Repair & Maintenance, Entertainment, Remuneration & Allowances, Utilities, Provident fund, Janitorial services and Rent etc.
•Monthly tax file regards to income tax, sales tax & Supplies Tax.
INTERNEE
•06 Weeks experience as an

Internee
  • September 2009 to October 2009

Education

Diploma, Capital Markets
  • at Institute of Financial Markets of Pakistan
  • April 2019

•Investment Risk Management •Certified Financial Advisor •Certified Financial Derivative Traders •Certified Mutual Fund Distribution •Certified Fixed Income Securities •Certified Stock Broker •Certified Commodity Broker •Certified in Pakistan Market Regulations •Diploma in

Master's degree, Finance
  • at Capital University of Science & Technology (CUST)
  • December 2017

I graduated in 2017 with a Master of Science (Major in Finance) degree from Capital University of Science and Technology, Islamabad. During the course of time, I studied Portfolio Management, Financial Risk Management, Issues in Financial Reporting, Strategic Finance, and Research Methods in Finance.

Master's degree, Finance
  • at Foundation University
  • February 2012

I graduated with a Master of Business Administration (MBA) degree with a major in Finance in 2012. However, my core subjects were Analysis of Financial Statements, Project Financial Evaluation, Financial Risk Management, Financial Management, Corporate Finance, and Accounting.

Bachelor's degree, Business And Commerce
  • at Bachelor of Commerce (B.COM)
  • August 2009

I graduated from the University of Punjab with a Bachelor of Commerce degree. However, core subjects were Accounting, Financial Accounting, Cost Accounting, Business Taxation, Auditing.

Bachelor's degree, Finance
  • at University of Punjab
  • January 2009

High school or equivalent, Pre-Medical
  • at Federal Board of Intermediate & Secondary Education
  • December 2007

I completed higher secondary education with a major in premedical.

High school or equivalent, Finance
  • at Federal Board of Intermediate & Secondary Education
  • January 2004

School Education (Pre-

Specialties & Skills

Microsoft Excel
Payroll Processing
Budgeting and Forecasting
Financial Reporting
Bookkeeping
BANK RECONCILIATION
BUDGETING
ACCOUNTING SOFTWARE
BOOKKEEPING
FIXED ASSET REGISTER
PAYROLL PROCESSING
QUICKBOOKS

Languages

English
Expert

Training and Certifications

Advanced Excel 2013/2016 (Certificate)
Date Attended:
January 2016
Advanced Financial Modeling Workshop (Training)
Training Institute:
Astute School of Finance
Date Attended:
September 2018
Duration:
12 hours
Fixed Income Securities Certification (Certificate)
Date Attended:
April 2019
Investment Risk Management (Certificate)
Date Attended:
July 2020
Financial Advisor Certification (Certificate)
Date Attended:
April 2019